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$2,500,000
Est. payment /mo
12,628 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 12,628 sqft
Price per Sqft $197
Subdivision Mi
MLS Listing ID 60273146
Annual Tax Amount $41,049
Lot Size 0.700 Acres
Acres 0.7
Lot Dimensions 100.00 x 190.00
Property Sub-Type Commercial/Industrial
Property Description
Rare opportunity for Redevelopment in The Midtown Neighborhood. This property is on national historic registry, but does NOT have any use restrictions. Building could be leveled if desired. Variety of possibilities including new construction on vacant portion with rehab of existing structure; uses could include subsidized housing with servicing center, co-working space, medical offices, condo conversion, or family office center. Plenty of space for parking and expansion. In the center of LCA and Olympia Entertainment, DMC Hospital, Motor City Casino, Downtown District and Midtown. In Community Benefits Impact Area for $1.5B District Detroit Development that includes a series of hotels, entertainment venues, residences, retail, and business incubators. Tax Credits Available for Historic Site - call for more information. Bring your vision and be a part of THE NEW DETROIT.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family,Commercial
Building
Water Public Water
Structure Type Brick,Stone
Others
Ownership Private
Assessment Amount $1,600
Financing Cash,Exchange/Trade
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Signature Sotheby's International Realty Bham
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